Submitted by QTR's Fringe Finance
This country needs more people like Joe Manchin.
Of course, this is going to be written off as a partisan statement by people on the left, but let me explain why it isn’t.
Back in October I wrote an article about the two fallacies that I thought could catalyze the downfall of the United States. As far as I see it, Joe Manchin is trying to step in front of both of these issues and ensure that they do not take place.
By now almost everybody knows that Manchin announced on Sunday that he would not be able to vote for President Joe Biden‘s “Build Back Better” bill. Manchin made the announcement live on Fox News, citing inflation among the many reasons for his dissent:
His continued reasoning for not wanting to vote for the $1.9 trillion spending bill, which included expanding the current Child Tax Credit and Green New Deal funding, was that he simply couldn’t take it back to his constituents and explain what was in it or why it was worth the money.
And those are about two of the best reasons I can think of to vote “no” on a bill.
Manchin said in a statement Sunday: “My Democratic colleagues in Washington are determined to dramatically reshape our society in a way that leaves our country more vulnerable to the threats we face. I cannot take that risk with a staggering debt of more than $29 trillion and inflation taxes that are real and harmful to every hard-working American at the gasoline pumps, grocery stores and utility bills with no end in sight.”
Remember, I have been stating in podcasts and in articles that inflation was going to have to be addressed, because it has now become a political issue for both sides of the aisle. Manchin’s reasoning circles the square of my argument.
Back in early December, I wrote that inflation had become such a prominent political issue that hits home for every American, that it would start to stir the bi-partisan pot and force the hands of some politicians (and Fed governors) to do things they wouldn’t normally do:
The American public has been so aware of inflation, it has even become a part of the mainstream media narrative on both the left and the right.
And as far as it concerns being a elected official in a representative republic, I can’t think of better reasoning than Manchin’s.
But Manchin’s “no” vote was really a stand against so much more.
First, as they say in Philly, it “checked” the Democrats. When you “check” somebody in the city, it means you set them back in line at a time when they need it the most.
The Democrats appear to have been under the impression that they can act unilaterally, and having successfully just raised the debt ceiling and passed a $1 trillion infrastructure bill, they could use a timely reminder that they can’t just run the show without having to answer to anybody.
Manchin’s “no” vote is also going to reset expectations heading into midterm elections. If it wasn’t clear to Democrats with the botched pull out of Afghanistan, our President tripping up the steps of Air Force One, horrifyingly bad approval ratings or US cities going to complete shit, it doesn’t appear that President Biden’s agenda has been the dialed-in and raging success that it was pitched to be.
Even those who voted for Biden because they loathe Donald Trump are being forced to confront reality. Joe Manchin just confronted it first, so you can thank him for that.
Second, and maybe most importantly, Manchin’s “vote” addresses our attitude towards spending at a time when the country has never been in a more precarious financial position...(READ FULL ARTICLE HERE).
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